B1Money12 min
Money and spending
Learn words for managing everyday money, such as budget, afford, borrow, lend, owe and bargain.
Talking about money is part of everyday life: planning what to spend, saving for something special, paying bills or lending money to a friend. These words will help you discuss how you manage your money.
- budgetnoun
- a plan of how much money you will spend and on whatWe're on a tight budget this month, so we're cooking at home.
- spendverb
- use money to buy thingsHow much do you spend on food each week?
- saveverb
- keep money so that you can use it laterLena is saving for a new laptop.
- affordverb
- have enough money to pay for somethingWe can't afford a holiday this year.
- borrowverb
- take something, such as money, that you will give back laterCan I borrow ten dollars until Friday?
- lendverb
- give something to someone that they will give back laterMy brother lent me his bike for the weekend.
- oweverb
- need to pay money back to someoneI still owe Kofi twenty dollars for the tickets.
- debtnoun
- money that you oweIt took them five years to pay off their debt.
- billnoun
- a document that shows how much you must pay for something, such as electricityThe electricity bill was higher than usual this winter.
- bargainnoun
- something you buy for less than its usual priceThis coat was a real bargain: only half price.
- worth itphrase
- good or useful enough for the money or effort you spentThe tickets were expensive, but the show was worth it.
- incomenoun
- money that you receive regularly, for example from workAbout a third of their income goes on rent.
Exercise 1 of 2
Choose the money word
Choose the best answer.
Exercise 2 of 2
Complete the money sentences
Type one word in each gap. Use each word once and change the form if needed. Use: afford, bill, borrow, debt, income, save, spend.
Last month I 300 dollars from my sister to fix my car.
How much do you on clothes every month?
If you a little every week, you'll have enough for a holiday by summer.
It took Jamal three years to pay off his to the bank.
Since Sofia changed jobs, her monthly has almost doubled.
We can't to eat in restaurants every week.
The water arrived this morning. We have to pay 45 dollars by the 10th.
Source
Original lesson by Joy English.
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